Investors celebrated the anniversary of Black Monday - the day 22 years ago when the London market crashed by nearly 11% - by pushing the FTSE 100 sharply higher, with property and commodity stocks among the biggest risers

Cadbury shares moved higher yesterday after suggestions that chief executive Todd Stitzer had indicated that the company would consider an offer of 900p a share from predator Kraft as a fair price. That compares to the current bid on the table of around 718p

The FTSE 100 has extended this week's gains in morning trading, buoyed by British Land and rises for its rivals after a report that a consortium including Indian steel magnate Lakshmi Mittal and the Abu Dhabi ruling family is plotting a bid